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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks $ 4,325 $ 4,233
Interest-bearing demand deposits 16,459 7,308
Cash and cash equivalents 20,784 11,541
Available-for-sale securities 38,892 39,766
Loans, net of allowance for loan losses of $2,292 and $2,341 at June 30, 2017 and December 31, 2016, respectively 355,277 354,380
Premises and equipment 11,860 11,884
Federal Home Loan Bank stock 4,164 4,164
Foreclosed assets held for sale, net 294 335
Accrued interest receivable 761 840
Deferred income taxes 654 850
Bank-owned life insurance 11,977 11,822
Other assets 4,009 2,436
Total assets 448,672 438,018
Deposits    
Demand 227,971 203,745
Savings 81,421 81,825
Time 64,523 53,233
Total deposits 373,915 338,803
Securities sold under repurchase agreements 12,989 9,393
Federal Home Loan Bank advances 10,287 39,855
Subordinated debentures 4,124 4,124
Interest payable and other liabilities 3,704 3,202
Total liabilities 405,019 395,377
Stockholders’ Equity    
Preferred stock, no par value, authorized 2,000,000 shares; no shares issued 0 0
Common stock, $1 par value; authorized 10,000,000 shares; issued2017 -5,430,304 shares, 2016 - 5,425,304 shares; outstanding 2017 - 5,243,937, 2016 - 5,208,051 5,430 5,425
Additional paid-in capital 17,924 18,024
Retained earnings 23,055 22,483
Stock held by deferred compensation plan; 2017 -180,623 shares, 2016 - 211,509 shares (1,604) (1,880)
Unearned ESOP compensation (900) (911)
Accumulated other comprehensive loss (206) (454)
Treasury stock, at cost 2017 -5,744 shares, 2016 - 5,744 shares (46) (46)
Total stockholders’ equity 43,653 42,641
Total liabilities and stockholders’ equity $ 448,672 $ 438,018